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China-Russia 2023 Trade Surges, Reaching Record 0 Billion

FILE PHOTO: Illustration picture of China's yuan and Russia's rouble banknotes

The trade between China and Russia has reached a new milestone, with the value of their bilateral trade hitting a record high of $240 billion in 2023, according to Chinese customs data. This impressive figure highlights the strengthening economic ties between the two nations.

The trade volume between China and Russia has been steadily increasing over the years, and the latest data reflects the robustness of their economic partnership. The $240 billion trade value represents a significant 22% increase compared to the previous year.

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